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insyyte
Dec 12, 2022 1:46 PM

#SPY. Structure points to caution 

SPDR S&P 500 ETF TRUSTArca

Description

The weekly cycle since the bear market began is again pointing down. This after 7 HA green candles.
The bearish rising wedge is slowly resolving to the downside again.
Will this week economic data trounce the bearish cycle remains to be seen.
Remaining cautious.
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